Costco announced on Wednesday that it will be raising its membership fees at the start of September, leading to its first price hike since 2017.
Read More Costco Increasing Membership Fees For First Time In 7 YearsTag: Amazon
Echoes of dotcom bubble haunt AI-driven US stock market
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock marketExclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp‘Unhumans: The Secret History Of Communist Revolutions’ Out On Amazon
US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and NvidiaWalmart to pay US hourly store workers bonuses for first time ever
Both part-time and full-time associates will be eligible for the annual bonus program, the idea for which came from feedback from store workers.
Read More Walmart to pay US hourly store workers bonuses for first time ever